Earnings
Earnings
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The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.
January 17 -
Wells Fargo CEO Charlie Scharf validates some of the optimism, telling analysts he feels "really great about our progress." But he said executives "don't want to get ahead of ourselves."
January 15 -
Freddie Mac shares rose to $4.14 at 12:30 p.m. in New York Friday, Fannie Mae's stock climbed to about $4.23, each up 22% from the previous day's close.
January 3 -
Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.
December 16 -
The Toronto-based bank suspended its medium-term growth targets and announced a full-scale review of its strategies following historic anti-money-laundering failures.
December 5 -
The Canadian bank fell short of analysts' expectations on non-interest income partly because of a higher-than-anticipated tax rate. Scotiabank's results also included a one-time impairment charge related to its investment in Bank of Xi'an Co. in China.
December 3 -
Listing the changes already made to its business model in his first 90 days, CEO Ryan Marshall said Voxtur could be EBITDA positive if trends hold in 2025.
December 2 -
Nonbanks with servicing portfolios saw earnings dip, while expenses for most shot up in anticipation of more origination volume.
November 22 -
Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on servicing.
November 14 -
The real estate investment trust reported a GAAP loss and thin earnings available for distribution as a result of market shifts that also affected some peers.
November 13 -
Better touted the company's efficient operations, including an artificial intelligence voice assistant handling all of its inbound customer calls.
November 13 -
A steep mortgage servicing rights valuation change hurt earnings which included greater adjusted net income and total origination volume.
November 12 -
The company also saw a slight impact from changes to real estate commissions.
November 11 -
Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.
November 11 -
Three of the four largest title insurers were profitable in the third quarter; First American's loss should set it up for future gains, its execs said.
November 8 -
United Wholesale Mortgage beat its own guidance on originations and gain on sale margins third quarter earninga, helped by an uptick in refinance volume due to lower rates in August and September.
November 7 -
The company plans to increase investments in its proprietary products as well as marketing initiatives with expectations of originations growth next year.
November 6 -
Value adjustments to Guild's MSRs totaled a loss of $145.8 million, the nonbanks third quarter earnings show.
November 6 -
The REIT was successful in achieving all of its near-term goals, its CEO said in an earnings call.
November 6 -
Loandepot rolled out Project North Star, an initiative designed to position the company as "the leading lending partner of choice for homeowners."
November 5



















